Description

Meltdown is a gripping account of the financial collapse that destroyed the West's investment banks, brought the global economy to its knees, and undermined three decades of neoliberal orthodoxy. Covering the development of the crisis from the economic front line, Paul Mason explores the roots of the US and UK's financial hubris, documenting the real-world causes and consequences from the Ford factory, to Wall Street, to the City of London. In this fully updated new edition, he recounts how the credit crunch became a full-blown financial crisis, and explores the impact of this development on capitalist ideology and politics.show more

Review quote

A page-turning account - Mason is refreshingly clear-eyed--and angry.A" Will Hutton, Guardian What people need is a reliable guide to the financial crisis - Meltdown is the book they are looking for.A" John Gray, New Statesman Excellent.A" Evening Standard A lucid and sharply polemical account.A" Oliver Kamm, The Timesshow more

About Paul Mason

PAUL MASON is the economics editor of the BBC's flagship current affairs program Newsnight and appears frequently on BBC World News America. He has covered globalization and social justice stories from locations around the world, including Latin America, Africa and China. His book Live Working, Die Fighting was longlisted for the Guardian First Book Award.show more